Life Membership Fees received by a club is shown in : Sol:

Related MCQs

• Life membership fees received by a club is treated as
• Life membership fee received by a club is: Sol:
• Subscriptions received in advance by a club are shown on……………..of the Balance Sheet Sol:
• The amount of Entrance Fees received regularly by a Not-for Profit Organisation is shown in which of the following:
• The fees are collected only once at the time of admission of a member, hence Entrance Fees should be treated as 'Revenue Receipt'.
• Subscription received in advance by a club are shown in
• Subscriptions received in advance by a Club are shown on .......... side of the Balance Sheet—
• A club paid subscription fees of `1,400. Out of which ` 200 is prepaid. In such case
• The fees received from life members is not a periodic subscription, hence are to be capitalized
• Entrance fees, unless otherwise stated, is treated as: Sol: